ENGY - Enviro-Energy Corporation (ENGY)

[growacet]

It may not be as 'sexy'...

Contracting work may not have as much appeal as alternative energy generation technologies. But as far as I'm concerned there's nothing sexier than that which delivers revenues and profits.

In the MRQ ended Sept. 30, 2003 ENGY reported positive net income applicable to common shares of $155,000. That's quite a turn around from the previous 1/4 when that number was negative $728,000.

http://finance.yahoo.com/q/is?s=engy.ob

The 2 biggest things weighing down ENGY right now in my opinion are:

-No Investor Relations as near as I can tell

-Tom Bowers' resignation in June of 2003

In my opinion the total lack of IR is the reason ENGY is trading below a penny. OTCBB investors by and large need some sizzle before they'll plunk down some $$$$ as far as I'm concerned. That's not to say there aren't those willing to invest at these depressed levels, but thanks to the lack of promotion imo the shares are trading near their all time low.

Here's hoping we see see a new web site and some effort at attracting broad based investor interest.